Michigan Alliance For Business Growth
- Assets
- $787.7k
- Revenue
- $777.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- Data as of
- 12/2022
- EIN
- 27-4892968
Organization Overview
Michigan Alliance For Business Growth, operating under the name West Michigan Policy Forum, is located in Grand Rapids, MI. West Michigan Policy Forum is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2022, West Michigan Policy Forum generated $777.2k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 17.6% each year . All expenses for the organization totaled $477.2k during the year ending 12/2022. While expenses have increased by 4.7% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE WEST MICHIGAN POLICY FORUM SEEKS TO CREATE JOBS AND OPPORTUNITIES THROUGHOUT MICHIGAN BY REMOVING BARRIERS TO COMPETITIVENESS AND EMPOWERING GRASSROOTS ADVOCACY WITHIN THE
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISSUE ADVOCACY - THE WEST MICHIGAN POLICY FORUM (WMPF) SEEKS TO DEVELOP, ADVOCATE FOR, AND PROMOTE; (1) A STATE TAX POLICY AND REGULATORY STRUCTURE THAT WILL FOSTER GENERAL BUSINESS GROWTH AND IMPROVE THE ECONOMIC CLIMATE FOR THE CITIZENS OF MICHIGAN; (2) POLICIES THAT IMPROVE THE DELIVERY OF SERVICES TO THE PUBLIC BY LOCAL UNITS OF GOVERNMENT; AND (3) APPROPRIATE PUBLIC FUNDING OF EDUCATIONS, TRANSPORTATION INFRASTRUCTURE, HEALTHCARE, AND OTHER PUBLIC PROGRAMS AND SERVICES. WMPF ACCOMPLISHES THIS BY REACHING BUSINESS OWNERS LARGE AND SMALL, FROM KALAMAZOO TO TRAVERSE CITY, AND FROM SAGINAW TO THE SHORES OF LAKE MICHIGAN, GARNERING SUPPORT FROM COMMUNITY LEADERS AND FOSTERING CRITICAL DISCUSSIONS. THERE ARE MANY IMPASSIONED ADVOCATES ACROSS THE STATE WHO HAVE ALREADY TAKEN ON THE CHALLENGE OF RECREATING EDUCATION - WEST MICHIGAN POLICY FORUM (WMPF) SEEKS TO EDUCATE THE PUBLIC AND RAISE PUBLIC CONSCIOUSNESS ABOUT POLICIES THAT WILL BRING ABOUT JOB CREATION, OPPORTUNITIES, AND ECONOMIC PROSPERITY FOR MICHIGAN RESIDENTS. THIS IS ACCOMPLISHED BY HOLDING MINI-FORUMS AND CONFERENCES IN MICHIGAN AND CONDUCTING RESEARCH IN THIS AREA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Kennedy Chair | OfficerTrustee | 3 | $0 |
Matthew Haworth Vice Chair | OfficerTrustee | 2 | $0 |
Jeff Connolly Treasurer | OfficerTrustee | 2 | $0 |
Rick Baker Secretary | OfficerTrustee | 3 | $0 |
Gerry Anderson Board Member | Trustee | 1 | $0 |
Kyle Verplank Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Truscott Rossman Public Relation | 12/30/22 | $116,788 |
Tusker Strategies Llc Consulting | 12/30/22 | $171,105 |
Grand Rapids Chamber Of Commerce Administrative | 12/30/22 | $104,983 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $749,250 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $749,250 |
| Total Program Service Revenue | $27,945 |
| Investment income | $40 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $777,235 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,246 |
| Fees for services: Accounting | $8,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $392,876 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $1,150 |
| Royalties | $0 |
| Occupancy | $5,637 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $67,701 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $120 |
| Total functional expenses | $477,230 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $532,488 |
| Savings and temporary cash investments | $229 |
| Pledges and grants receivable | $255,000 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $787,717 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $235,000 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $235,000 |
| Net assets without donor restrictions | $552,717 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $787,717 |